| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 182.56 | 161.56 | 12.998 | 189.5 | -3.662 |
| Gross Profit (Loss) | 38.58 | 37.02 | 4.213 | 17.05 | 126.275 |
| Operational Profit (Loss) | 16.95 | 10.86 | 56.077 | 16.56 | 2.355 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 5.28 | -2.52 | - | 6.48 | -18.518 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 5.28 | -2.52 | - | 5.82 | -9.278 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 595.48 | 598.46 | -0.497 |
| Profit (Loss) per Share | 0.19 | -0.09 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in sales during the first quarter of the current year compared to the same quarter of the previous year is due to: 1-Increase in sales of Basic Chemicals amounted to 17.3M. This increase resulted from a 13% increase in selling prices, which increased revenues by 7.7M, and a 19% increase in tonnage sold, which increased revenues by 9.6M. 2-Increase in sales of Industrial Chemicals by 2.3M. This increase resulted from a 51% increase in tonnage sold, which increased revenues by 2.6M, offset by a 5% decrease in selling prices, which decreased revenues by 0.3M. 3-Decrease in sales of Water Treatment Chemicals 0.2M. This decrease resulted from a 16% increase in tonnage sold, which increased revenues by 1M, offset by a 17% decrease in selling prices, which decreased revenues by 1.2M. 4-Increase in Others 0.3M. This increase resulted from a 20% increase in selling prices, which increased revenues by 1.1M, offset by a 14% decrease in tonnage sold, which decreased revenues by 0.8M. 5-Decrease in sales of Polymers 7.3M This decrease resulted from a 7% decrease in selling prices, which caused revenue to decrease by 2.2M, plus a 13% decrease in tonnage sold, which caused revenues to decrease by 5.1M. 6-Increase in sales of Adhesives 8.6M. This increase resulted from a 27% increase in tonnage sold, which increased revenues by 14.9M, offset by a 9% decrease in selling prices, which decreased revenues by 6.3M. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reason for the increase in net profit this quarter compared to the same quarter of the prior year is due to: Increase in revenue 21M, decrease in Cost of goods sold 11.7M, increase in selling/distribution / and administrative expenses 3.2M, decrease in gain on fair value measurement of derivative financial instruments 0.3M, decrease in finance cost 0.3M, and decrease in zakat and tax expenses 1.3M. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the decrease in Sales during the first quarter of this year compared to the prior quarter is due to: 1-Decrease in sales of Basic Chemicals amounted to 5.6M. This decrease resulted from a 6% decrease in selling prices, which caused revenues to decrease by 4.3M, plus a 2% decrease in tonnage sold, which caused revenues to decrease by 1.3M. 2-Increase in sales of Industrial Chemicals 1.7M. This increase resulted from an 18% increase in tonnage sold, which caused revenues to increase by 1.1M, plus a 9% increase in selling prices, which caused revenues to increase by 0.6M. 3-Increase in sales of Water Treatment Chemicals 1.2M. This increase resulted from a 3% increase in selling prices, which increased revenues by 0.2M, and a 21% increase in tonnage sold, which increased revenues by 1M. 4-A slight increase in sales of Others 0.07M. 5-Decrease in sales of Polymers 6.4M This decrease resulted from a 2% increase in selling prices, which caused revenue to increase by 0.6M, plus a 19% decrease in tonnage sold, which caused revenues to decrease by 7M. 6-Increase in sales of Adhesives 2.1M. This increase resulted from a 5% increase in tonnage sold, which increased revenues by 3.2M, offset by a 2% decrease in selling prices, which decreased revenues by 1.1M. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the decrease in net profit for the first quarter of this year compared to the prior quarter is due to: Decrease in revenue 6.9M, decrease in Cost of goods sold 4.3M, decrease in selling/distribution / and administrative expenses by 3M, decrease in refund from government export department of 3M, decrease in finance cost 0.6M |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | - |
| Reclassification of Comparison Items | N/A |
| Additional Information | 1- Sales for this quarter reached 182.6M, up 13% from 161.5M for the same quarter last year. 2- Total comprehensive income (excluding NCI) for the first quarter of this year reached 5.3 million compared to a loss of 2.5 million during the same quarter of last year. 3- Shareholders' equity (excluding NCI) for the end of the first quarter of this year reached 595.4 million compared to 598.46 million for the same period at the end of the prior year, with a decrease of 0.5%. |
